ACOLT Certificate definition

ACOLT Certificate. Each certificate issued pursuant to Section 10.2 of the ACOLT 2014-SN1 Supplement to the Declaration of Trust. ACOLT Certificateholder: ACOL LLC or any other Person that holds the ACOLT Certificate.
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Examples of ACOLT Certificate in a sentence

  • The ACOLT Certificate shall be substantially in the form of Exhibit A, with such appropriate insertions, omissions, substitutions and other variations as are required by this ACOLT Series Supplement and may have such letters, numbers or other marks of identification and such legends and endorsements placed thereon as may, consistently herewith and with the Declaration of Trust, be directed by the Residual Certificateholder.

  • Any portion of the ACOLT Certificate may be set forth on the reverse thereof.

  • If any one or more of the covenants, agreements, provisions or terms of this ACOLT Series Supplement shall be for any reason whatsoever held invalid, then such covenants, agreements, provisions or terms shall be deemed severable from the remaining covenants, agreements, provisions or terms of this ACOLT Series Supplement and shall in no way affect the validity or enforceability of the other provisions of this ACOLT Series Supplement or of the ACOLT Certificate or the rights of the holder thereof.

  • Red Herring Fallacy:The red herring fallacy is a distraction from the points raised, normally with a point that seems related to the topic but actually is not relevant.

  • Each of the Secured Noteholders and the ACOLT Certificateholder, by acceptance of a Secured Note or the ACOLT Certificate, as the case may be, shall be deemed to authorize the Servicer to service, administer and make payments on its Secured Note or its ACOLT Certificate as provided herein.

  • The Declaration of Trust, the ACOLT 2014-SN1 Supplement to the Declaration of Trust, the VAULT Trust Agreement, the VAULT Transfer Direction, the ACOLT Designation, the Ally Bank Designation, the VAULT Security Agreement, the Sale and Contribution Agreement, the ACOLT Indenture, the Servicing Agreement, the Pull Ahead Funding Agreement, the Secured Notes and the ACOLT Certificate.

  • Notwithstanding the foregoing, no transfer of the ACOLT Certificate or Series 2014-SN1 represented thereby shall be effective unless and until the ACOLT Certificate shall be delivered to the ACOLT Owner Trustee for registration of transfer together with an assignment attached thereto executed by the registered holder thereof.

  • The Declaration of Trust, the ACOLT 2015-SN1 Supplement to the Declaration of Trust, the VAULT Trust Agreement, the VAULT Transfer Direction, the ACOLT Designation, the Ally Bank Designation, the VAULT Security Agreement, the Sale and Contribution Agreement, the ACOLT Indenture, the Servicing Agreement, the Pull Ahead Funding Agreement, the Secured Notes and the ACOLT Certificate.

  • This ACOLT Certificate is issued under and is subject to the terms, provisions and conditions of the Declaration of Trust (including the ACOLT 2014-SN2 Supplement to the Declaration of Trust), the terms of which are incorporated herein by reference and made a part hereof, to which Declaration of Trust the holder of this ACOLT Certificate by virtue of the acceptance hereof assents and by which such holder is bound.

  • Each such party further agrees that the Trust is acting as holder of record title to the Series 2014-SN1 Portfolio, other than the Leased Vehicles contained therein, solely for the benefit of, and as agent and nominee of, the holder of the ACOLT Certificate, and shall not hold itself out or act in a manner inconsistent with it acting merely as agent and nominee.

Related to ACOLT Certificate

  • Credit certificate means a certificate issued by the allocating agency to a taxpayer that specifies the amount of affordable housing tax credits that can be applied against the taxpayer’s individual or corporate income tax, or franchise, captive insurance premium, or insurance premium tax liability as provided in this subchapter.

  • Trust Certificate means a certificate evidencing the beneficial interest of a Person in the trust established by the Trust Agreement and substantially in the form attached as Exhibit A to such Trust Agreement.

  • Residual Interest Certificate means any of the Class R-I Certificates, the Class R-II Certificates, the Class R-III Certificates or, if issued in accordance with Section 2.06, the Class R-LR Certificates.

  • Gift certificate means a merchandise certificate conspicuously designated as a gift certificate, and purchased by a buyer for use by a person other than the buyer.

  • Final Certificate in relation to the work shall mean the certificate regarding the satisfactory compliance, performance and fulfillment of all Contractual Obligations as issued by the Head of SBU & PC – Rock Phosphate.

  • Payment Certificate means a payment certificate issued under Clause 14 [Contract Price and Payment].

  • Class N Certificate means any of the Certificates with a "Class N" designation on the face thereof, substantially in the form of Exhibit A-4 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Digital Certificate means an electronic device used to verify identity or protect electronic messages.

  • Certificate Purchase Agreement The Purchase Agreement, dated as of [_______], among the Depositor and the Initial Purchasers, relating to the Privately Offered Certificates.

  • Seller Certificate means a certificate of transfer delivered in connection with the transfer of a Trust Certificate pursuant to Section 3.04(a), substantially in the form of Exhibit B.

  • Lockout Certificates The Class A-7 Certificates.

  • Class J Certificate means any one of the Certificates with a "Class J" designation on the face thereof, substantially in the form of Exhibit A-4 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Class S Certificate Any one of the Certificates executed and authenticated by the Certificate Administrator or the Authenticating Agent in substantially the form set forth in Exhibit A-22 hereto and evidencing an undivided beneficial interest in the Class S Specific Grantor Trust Assets. The Class S Certificates have no Pass-Through Rate, Certificate Balance or Notional Amount.

  • Certificate Depositary Agreement means the agreement among the Issuer Trust, the Paying Agent and DTC, as the initial Clearing Agency, dated as of the Closing Date.

  • Ownership Certificate An equity certificate representing a 100% undivided beneficial ownership interest in the Trust, substantially in the form attached as part of Exhibit A to the Trust Agreement.

  • Class A-S Certificate Any one of the Certificates executed and authenticated by the Certificate Administrator or the Authenticating Agent in substantially the form set forth in Exhibit A-8 hereto.

  • Investor Certificate means any one of the certificates (including, without limitation, the Bearer Certificates, the Registered Certificates or the Global Certificates) executed by the Transferor and authenticated by the Trustee substantially in the form (or forms in the case of a Series with multiple classes) of the investor certificate attached to the related Supplement.

  • Class ___ Certificate Any Certificate executed and authenticated by the Trustee or the Authenticating Agent on behalf of the Depositor in substantially the form set forth in Exhibit ___ hereto. The Class __ Certificates have no Pass-Through Rate or Certificate Balance.

  • Class K Certificate means any of the Certificates with a "Class K" designation on the face thereof, substantially in the form of Exhibit A-4 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Class L Certificate means any of the Certificates with a "Class L" designation on the face thereof, substantially in the form of Exhibit A-4 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Physical Certificate As specified in the Preliminary Statement.

  • Class A-8 Certificate Any one of the Certificates executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit A-8 and Exhibit C hereto.

  • Notional Certificate Any Class A-IO Certificate.

  • Final Payment Certificate means the payment certificate issued under Sub-Clause 14.13 [Issue of Final Payment Certificate].

  • Interim Payment Certificate means a payment certificate issued under Clause 14 [Contract Price and Payment], other than the Final Payment Certificate.

  • Class SB Certificate Any one of the Certificates designated as a Class SB Certificate. Class X Certificate: Any one of the Certificates designated as a Class X Certificate.